- Air Conditioning System
- Temperature Control System
- Aircraft Pressurization System
Environmental Control Systems Market was valued at USD 4,273.1 million in 2022 and is expected to grow at a 6.2% CAGR from 2023 to 2029. The environmental control systems are used in providing constant and reliable quality of air supply including temperature control, cabin pressurization in the flight. Increase in demand for aircraft manufacturing and increasing air travel is expected to increase the demand for environmental control system. The aviation industry is subject to strict regulations aimed at reducing greenhouse gas emissions and improving energy efficiency. These regulations have driven the development of more advanced technology in environment control systems which are more fuel efficient and environmentally friendly. The increase in number of aircrafts in operation has increased the demand of environment control system is expected to drive the growth of environmental control market. In addition, Increased focus on passenger comfort and increased electric and hybrid aircraft has resulted in development of technologies of environmental control systems in the aircraft which is expected to boost the growth of environmental control system. However, high initial cost, limited weight and space available for environmental control systems are expected to hinder the market growth in the forecasted period. In addition, any malfunction in the installation of environmental control systems may risk the safety of the passengers which is expected to have a negative impact on the growth of environment control systems market in the forecasted years. Geographically, North America region held the major market share in 2022 and is expected to dominate the global environmental control systems market in the forecasted years.
Environmental Control Systems Market Key Developments:
In June 2021, Air innovations announced the availability of their MyZone personal desk environment.
In October 2021, Mecaer Aviation Group collaborated with GFG Style to design innovative and lavish business aircraft interiors.
Fastest Growing Market
Environmental control systems market is expected to grow owing to the increasing demand for aircraft manufacturing and increased concern of passengers safety are the primary drivers in the growth of environmental control systems market. Increased focus of key market players in the mergers, collaborations, and acquisitions leading to development of the product and advancement of technologies in environmental control systems are expected to boost the growth of environmental control system at a significant rate in the forecasted period. However, high cost of installation and limitations in the installation of environmental control system like weight and space is expected to hold the market growth over the forecasted period.
Environmental Control Systems market was valued at USD 4,273.1 million in 2022 and is expected to grow at a 6.2% CAGR from 2023 to 2029
The increasing number of aircraft manager and increased in concern of passenger safety and comfort is the major driver in the growth of environmental control systems market.
The leading players in the global Environmental Control Systems market are Liebherr International, Honeywell International, Curtiss Wright Corporation, Meggitt, United Technologies Corporation, Mecaer Aviation Group, Jormac Aerospace, PBS Velka Bites, Aero Space Controls Corporation, Air Innovations
High cost of installation and limitations of weight and spacing in the aircraft and government regulations in term of safety of passenger and greenhouse gasses is expected to hinder the market growth over the forecasted period.